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Foreign Investment

Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.

Nigeria Attracts $14billion, €250million Foreign Investments

Nigeria secures $14bn from India and €250m from the Netherlands, with a 300% oversubscription on Eurobonds and strategic MOUs with ten countries.

Tinubu’s Bold Pitch: Nigeria Emerges as Prime Investment Destination for Samsung

In a strategic move aimed at wooing global investment, former Lagos State Governor and...

Nigeria’s Economy Suffers as Foreign Investment Hits 11-Year Low

Nigeria, Africa’s largest economy, has seen a sharp decline in foreign investment in the...

Nigeria’s Textile Sector Seeks Infrastructure, Policy Reform

Nigeria's textile industry seeks infrastructure improvement and policy reform for growth.

Nigeria’s Fiscal Dilemma: Rethinking Budget Funding Beyond Borrowing

In a pivotal address to the joint Senate Committee evaluating the 2024-2026 Medium Term...

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Dangote dismisses ‘false’ Elumelu rift claims and refinery financing rumors

Aliko Dangote's group has dismissed as false claims of a rift between him and Tony Elumelu, plus reports that personal borrowing financed the refinery.

Cardoso warns bank directors to strengthen governance or face regulatory action

CBN Governor Olayemi Cardoso has warned Nigerian bank directors to strengthen corporate governance or face decisive regulatory action following the recent recapitalization exercise.

Investors gain N26.5trn on Nigerian Exchange in April

Nigerian stock investors pocketed 26.5 trillion naira in April as the All-Share Index surged 20.13 percent and market cap climbed to a record 155.7 trillion.

Analysts urge Nigeria to plug N31trn deficit by listing state assets

Analysts say Nigeria can fix its 31 trillion naira budget deficit by listing state-owned assets on the stock market instead of piling on more debt.